Last week, the FTC (US Federal Trade Commission) lost in court against Microsoft. At the same time, the court itself was demanding from the FTC to issue a ban on the merger of Microsoft and Activision. Whereas the case to challenge the blocking of the merger is still formally pending and should be considered on August 2.
Today it became known that Microsoft turned to the FTC with a request to remove from the agenda consideration of the case regarding the blocking of the deal with Activision. In fact, Microsoft is asking the FTC to accept defeat. Many experts already believe that the chances of the FTC after losing in Federal Court and refusing to appeal are minimal.
Microsoft’s position is reinforced by the government, whose members support the corporation. 22 members of the US Congress reportedly signed a letter urging the FTC to drop its lawsuit against the Microsoft-Activision deal. Members of Congress note that the FTC is better off “redirecting resources to work that supports the interests of American consumers.”